We’re finally seeing the $10M Carlos Pena.The K’s have been there all season without the home runs.But his last four hits have left the yard.Including a HR in all three games vs. White Sox.All of Carlos’ 14 HR have come since May 3.That ties him with Prince Fielder & Matt Kemp with the most HR in the NL over that span.

How do you feel about Jim Hendry’s off-season so far? The ‘Big Three’ on his to-do list have been scratched off.

He landed Carlos Pena, the left-handed hitting first baseman: Kerry Wood, the quality bullpen arm, and Matt Garza, a solid No.3 starter. And better, Hendry’s done all this for around $16-million.

Of course, Hendry’s taking a gamble on all three–Pena having a rebound year, Wood’s injury history and the prospects dealt for Garza.

But on the plus side, Hendry’s added some much-needed veteran presence in the clubhouse, limited Pena’s deal to one-year, signed Wood for the right price and landed a legit starter under contract through 2013.

Given these moves the Cubs have a chance to compete in 2011. So what’s not to like?